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We're having a party ...

| Jan 19, 2005
We know it's coming, the Constitution says so. But every four years Inauguration Day catches Washington like snow storm no one expected. Federal workers take the day off, while other companies and their employees fend for themselves. But this year a record number of roads will be closed for the president's big event. And the effects on commerce will be felt throughout the city. Marketplace's Scott Tong reports.

But - who goes to the party?

| Jan 19, 2005
Security and today's snowstorm may have shut much of Washington down. But that doesn't mean there's nothing going on. Corporate and private donations have paid for $40 million worth of festivities this week. More than 50 companies made contributions of $250,000 each. People who gave $100,000 get to see the president take the oath of office in person. The rest of the money comes mainly from the tickets bought by parade watchers and ball-goers. But South Dakota Public Radio's Curt Nickisch discovered not all Republican Party loyalists can afford to go to the big dance.

When is a lawsuit, a lawsuit?

| Jan 19, 2005
If a shareholder lawsuit was filed but no one collected the money, would it still be a case? A Texas law firm is suing more that 40 mutual fund managers over just that. The plaintiffs say the funds failed to collect some $2 billion on behalf of their investors. Marketplace's Amy Scott reports.

Go green, all the way to the bank!

| Jan 19, 2005
We told you a moment ago about all the green banks hauled in last quarter. Well, commentator and writer David Wells says banks are going green in other ways too. David Wells covers Wall Street for The Financial Times.

Special Report: No place to hide

| Jan 19, 2005
Even as the Bush Administration went hunting for terrorists overseas after September 11th, the government was also looking for them here. One industry was more than ready to help. Data management companies had spent the decade before September 11th collecting billions of records about almost every American adult. In his new book, No Place to Hide, Robert O'Harrow looked into the data industry in this country and its new relationships with intelligence and law enforcement agencies. He worked with John Biewen from American RadioWorks on a companion documentary. In this report for Marketplace Beewin traces the transformation of a man named Hank Asher (pictured) from run-of-the-mill tech millionaire, to a player in the war on terror.

Bush, and an Ownership Society

| Jan 19, 2005
Tomorrow President Bush will give his inaugural address to the nation. The President hasn't laid out all of his plans for the next four years, but it's already clear one of the major domestic themes will be the "ownership society." In this edition of the public's business, Commentator Robert Reich gives his take on the idea.

Suburban sprawl and safety

| Jan 19, 2005
Today we get some numbers on housing starts - of course higher numbers are good for the economy. But they might also indicate suburban sprawl. We know over-building can strain schools and roads. Now one county in the Washington DC area is worrying about what happens when people dial 9-1-1. Marketplace's Scott Tong reports.

The Krispy Kreme blues

| Jan 18, 2005
Krispy Kreme is facing an accounting investigation and shareholder lawsuits, and a possible default on a $150 million credit line. What to do? Today CEO Scott Livengood got dunked. In steps replacement Stephen Cooper. Mr. Cooper is no ordinary executive: he is what's know as a turnaround specialist. Norm Bartzak teaches at Columbia's Business and Law Schools, and he's been following the dough at Krispy Kreme...

Brussels Clout - Calling the shots

| Jan 18, 2005
We told you yesterday it would happen. Today, at a ceremony in Toulouse, France, the European Airbus consortium unveiled the the A380. It will be the world's biggest passenger jet. The leaders of France, Spain, the UK and Germany were there, the latter noting "Good old Europe has made this possible". A barb for the U.S.? We are noting how Europeans are taking charge commercially, in our series Brussels Clout. Today, in a collaboration with the Center for Investigative Reporting, Marketplace's Alisa Roth shows how Europe intends to call the shots for some American companies through a sweeping regulation of the chemical industry.

For shame!

| Jan 18, 2005
Jury selection began today in the retrial of two former top executives at Tyco International. They're charged with looting the company of $600 Million to underwrite their lavish lifestyles. Next week: opening statements in the trial of WorldCom's ex-chief Bernard Ebbers. He's accused of orchestrating accounting fraud at the company. Ten ex-directors of Worldcom are trying to settle a separate shareholder lawsuit. They've also had to suffer the indignity of being singled out in print in virtually every major newspaper across the country. Commentator and lawyer David Skeel thinks shareholders are on to something...

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